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1998 Press Releases
SDS & nFront
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Contact:
Vinnie Brennan
Senior Vice President, Sales and Marketing, nFront
(770) 209-4460, ext. 263
vbrennan@banking.com
Robert Brunner
VP, Sales & Marketing
Southern Data Systems
678-947-9204
sdssales@mindspring.com
nFRONT SELECTED AS EXCLUSIVE INTERNET BANKING SOLUTION PROVIDER BY SOUTHERN DATA SYSTEMS
Integration of nHome™ with AccountPro™ and LoanPro™ to Facilitate Online Account Openings and Loan Origination, Enhance Customer Service
ATLANTA (October 1, 1998) - nFront, the premier provider of full-service Internet banking solutions for community banks and winner of Microsoft's Best Internet Banking Solution Award, and Southern Data Systems (SDS), an IBM® AS/400 server-based bank automation software company, have signed an exclusive marketing agreement. Under the terms of the agreement, SDS will market nFront's nHome as its exclusive Internet banking solution to its more than 500 financial institution clients. Also as part of the agreement, nHome will be integrated with SDS' AccountPro account automation software and LoanPro loan origination software in order to streamline and fully automate online account generation and loan origination, and enhance customer service.
nHome is the only "fat server" Internet banking solution designed specifically for the community bank market, enabling banks to capture and mine valuable customer data using a secure database. By integrating the solution with leading account automation and loan origination systems, the value of this functionality is greatly increased. The integration of these systems will eliminate the need for bank personnel to manually reenter account and loan application information into their existing systems, resulting in increased efficiency and error proofing. This integrated solution also will create centralized customer files, allowing financial institutions to leverage their existing resources and processes to service loans and accounts generated through the Internet delivery channel.
"Since 1986, Southern Data Systems bank automation applications have been used to effectively streamline bank processes and boost staff productivity. Today, through our agreement with nFront, SDS bank clients will be able to realize these same benefits in their Internet branches," said Southern Data System's Chairman and Chief Executive Officer Larry Tew. "Over the years, we've built a leadership position by listening to our customers' needs and blazing new technology trails to ensure those needs are met. We are pleased to now offer our clients the best Internet banking solution on the market and to leverage the bank automation solutions they've come to know and trust in this new online arena."
"This initiative underscores nFront's commitment to providing superior technology and comprehensive solutions to support the community bank market's specific needs in an increasingly competitive financial services industry," explained nFront's Chairman and Chief Executive Officer Tripp Rackley. "By partnering with industry-leading solution providers such as Southern Data Systems, we are able to expand our sales and marketing resources to reach more community banks. In turn, this solution enables our client banks to expand their own sales and marketing channels to reach and retain more bank customers."
About nHome
nHome, nFront's Microsoft NT-based Internet banking application, enables banking customers to open new accounts, apply for loans, view account balances and histories, pay bills, transfer funds, download images of cleared checks, customize reports, and download active statements into personal financial management packages at anytime from any location using any browser-enabled device, such as personal computers and televisions. From the bank's perspective, nHome allows the bank to expand its reach to a broader market, primarily composed of the most profitable banking customers, while taking advantage of the least expensive delivery channel available today. Because customers are afforded greater access to and control over their account information, the bank's customer service overhead can ultimately be reduced. And, through the collection of data captured online, the bank can target specific customers for more efficient and effective cross-selling and marketing campaigns.
About AccountPro and LoanPro
Part of Southern Data System's BankPro 2000 bank automation product suite, AccountPro and LoanPro allow financial institutions to automate account generation and loan origination processes, providing customer service representatives with logical step-by-step prompts to increase efficiency and reduce errors. Integrated with the financial institution's core accounting software, these applications link account generation to "accounts in process" files and loan origination to "loans in process" files on the platform.
About Southern Data Systems
Southern Data Systems (SDS) (www.southerndatasystems.com), an IBM® AS/400 server-based bank automation software company, provides bank automation solutions to more than 500 financial institutions nationwide. Founded in 1986, SDS has developed the industry's only product suite to fully automate and integrate all customer service functions using existing AS/400 systems. Applications available within the BankPro 2000 product suite include AccountPro, LoanPro, MortgagePro, SignaturePro and TellerPro, as well as Bond Redemption, MICR Check Writing and Sales Tracking. For more information, contact Southern Data Systems at 6875 Shiloh Road East, Alpharetta, Georgia 30005; or call 678.947.5595.
About nFront
Founded in 1996, nFront (www.nfront.com) is the leading provider of full-service Internet banking solutions designed specifically for the community bank market and winner of Microsoft Corporation's Best Internet Banking Solution Award. Atlanta-based nFront provides turnkey solutions offering development and implementation services, Internet transaction processing, web site design, maintenance and hosting, customer service, training and support, marketing consulting, brand management, and more. For more information, contact nFront at 520 Guthridge Court, NW, Suite 100, Norcross, Georgia 30092; or call 770-209-4460.
